Startups

Can gaming resurrect the NFT market? OpenSea thinks so • ZebethMedia

Today at ZebethMedia’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business, and the future market for non-fungible tokens. The digital assets, better known by the acronym ‘NFT,’ saw their stock rise during the 2021-era crypto boom. NFTs became synonymous with neo-wealth bubbling up from the blockchain economy, as a number of image […]

Bahama homes were purchased with FTX corporate funds • ZebethMedia

A new bankruptcy filing, first reported by CNBC, shows that FTX’s corporate funds were used to purchase homes in the Bahamas among other personal items. The details arise less than a week after the now infamous crypto exchange filed for bankruptcy – a decision that founder and former CEO Sam Bankman-Fried said he regrets. FTX’s […]

Plaid names former Meta exec as its new payments head • ZebethMedia

Plaid today announced that it has named Meta veteran John Anderson to serve as its new head of payments. The fintech startup has slowly been evolving its offerings beyond its core product of account linking. Earlier this year, it moved into identity and income verification. Payments feels like a natural evolution of its business.  In […]

Sateliot’s $11.4M Series A deck • ZebethMedia

You know what really sucks? Your IoT devices not being able to phone home. Rarely a problem when you’re in the center of a well-populated urban center with oodles of cell towers, but think of that water temperature buoy floating around in the Atlantic, an autonomous drone flying above the rain forest or a glacier-creep […]

With $8.6M in seed funding, Nx wants to take monorepos mainstream • ZebethMedia

Narwhal, the company behind the popular monorepo-focused open source Nx build system for JavaScript code, today announced that it has raised an $8.6 million seed funding round co-led by Nexus Venture Partners and Andreesen Horowitz. A number of angel investors, including GitHub co-founder Tom Preston-Werner, also participated in this round. Founded by two former Google […]

SaaS startups that ignored VC advice to cut sales and marketing better off this year

Venture-backed startups have had to make myriad spending cuts this year in an attempt to either live up to a high valuation, minimize their burn rate or both. But new data from fintech Capchase shows that many startups — especially venture-backed ones — seem to be getting the wrong advice concerning where to downsize. Capchase, […]

Speak lands investment from OpenAI to expand its language learning platform • ZebethMedia

Speak, an English language learning platform with AI-powered features, today announced that it raised $27 million in a Series B funding round led by the OpenAI Startup Fund, with participation from Lachy Groom, Josh Buckley, Justin Mateen, Gokul Rajaram and Founders Fund. Notably, Speak is the third startup in which OpenAI, the AI lab closely […]

Corporate comms for the startup soul • ZebethMedia

 Hello and welcome back to Equity, ZebethMedia’s venture capital focused podcast where we unpack the numbers and nuance behind the headlines. Today we have something a bit different for you. In light of the never-ending Musk-Twitter saga, and news that the new social media CEO had cut its corporate communications staff to the bone […]

ReadySpaces, which offers co-warehousing spaces to corporate customers, secures $20M in debt • ZebethMedia

Jon Zimmerman — the co-founder of ReadySpaces, a warehouse storage provider for small businesses — was working in the self-storage market when he had the idea for a product with the flexibility of self-storage but the capabilities of a traditional warehouse, aimed primarily at enterprise customers. His partner, Kevin Petrovic, had a different company that […]

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